Experience this stunning resort-style rental machine optimally located near exclusive gated beach access within the heart of Frangista Beach. This incredible nine bedroom, eight bathroom property is one of the lowest price-per-foot offerings along Scenic Highway 98 featuring over $100,000 in upgrades performed since 2017. Notable improvements include fresh paint as well as designer furnishings to optimally configure this 5,880 square feet home. Masterfully built as a rental magnet, this property has over $160,000 in projected annual income for 2020 as well as a solid rental history for 2019.Notable features include ample parking, spacious courtyard with lagoon style pool & walled privacy with adjoining summer kitchen, gulf views from the third floor as well as ample living space perfectly functioned for entertaining. The layout is extremely open with living spaces outlined on each level of this three story home.
The kitchen and living room are ideally located on the second level and feature beautiful granite countertops, stainless steel appliances as well as a beautiful tile flooring that is carried throughout the main living areas. The living room opens to a spacious balcony that spans the entire width of the home allowing optimal indoor/outdoor living to soak in the summer breeze. The oversized third floor master suite is extremely private and features a gulf view, private balcony as well as a large on-suite master bathroom complete with travertine accents and dual vanities. This home is an excellent rental property or second home with close proximity to deeded, gated beach access and all of the exceptional shopping, dining and entertainment that Miramar Beach has to offer.

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Property Summary (MLS® #: 844091): Located in MIRAMAR BEACH at 116 Sarasota St in the 32550 zip code, this beautiful South Walton West home was built in 2005. The property is 5880 sq.ft. and features 9 bedrooms and 8 bathrooms. At a price of $1,300,000, this listing has been on DavisProp.com for 63 days. The home is close to VAN R. BUTLER Elementary School, EMERALD COAST Middle School and SOUTH WALTON High School.

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